LONDON-A new exchange launches this week that could revolutionise the way in which commercial property is traded and create a property investment platform equivalent to the London Stock Exchange.

Propex Professional takes a step towards providing property investment professionals with a screen-based trading system similar to those used by city traders. It will provide an efficient method for vendors to introduce their investments to the marketplace, in addition to providing a range of supplementary information such as deals comparables, news and research.

A basic version of the exchange has already been trialled by many of the larger institutions and the latest version of the product – Propex Professional – is now available to the investment community at large.

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